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Regulation
South Africa’s Financial Regulator Is Planning Crypto Rules to Protect Vulnerable Population: Report
The regulations will be unveiled in early 2022 as a response to two major scams that defrauded investors of significant sums earlier this year.

Miners Look Away From Kazakhstan for Growth Opportunities
Relationships between the government and miners have turned sour as electricity shortages persist.

FTX US Joins International Swaps and Derivatives Association
The crypto exchange plans to work with the association to build up crypto derivatives markets in the U.S. and around the world, CEO Sam Bankman-Fried tweeted.

Crypto CEOs Hit Capitol Hill: Here’s What to Expect
More than 50 members of the House Financial Services Committee will have a chance to voice their thoughts on crypto regulation. Buckle up.

Australia Set for Massive Shakeup to Crypto Regulations: Treasurer
The country will launch its biggest payments reform in 25 years, the treasurer said in an interview.

India’s Crypto Bill Proposes ‘Arrest Without Warrant’: Report
Dealing in crypto could lead to an arrest without a warrant, and would be “non bailable,” according to the report.

DeFi’s Decentralization Is an Illusion: BIS Quarterly Review
The BIS review dedicated a special feature to discussing decentralized finance and its implications for financial stability.

SEC Rejects WisdomTree’s Spot Bitcoin ETF Application
The decision comes seven months after the agency said it would start evaluating the asset manager’s application.

Bitmain-Backed BitFuFu Abandons Mining Rigs In Kazakhstan Due to Power Rationing
The company has shipped new machines to the U.S. to make up for the lost hashrate.
